649 Wellington Avenue
Elgin, IL 60120
3
Bed
2
Bath
**Completely Renovated Riverview 2-Unit Investment Opportunity!** Some work still being completed, please excuse the mess while we finish this extraordinary property for you! This turn-key multifamily property offers the perfect combination of modern updates, strong cash flow, and an unbeatable location along the Fox River in Elgin. Every major component has been renovated, allowing the next owner to enjoy a truly maintenance-friendly investment with nothing left to do but collect rent. The building features a spacious **2-bedroom unit with projected rental income of approximately $1,800 per month** and a well-appointed **1-bedroom unit with projected rental income of approximately $1,500 per month**, providing excellent income potential for both investors and owner-occupants. Both uni
Property Details
Map
Map
Features
-
Bedroom Information
Total Bedroom: 3Bathroom Information
Total Baths: 2Room Information
Rooms Total: 8Interior Features
Roof: AsphaltRoofing Information
Asphalt -
Flooring Information
Construction Materials: Other -
Heating & Cooling
Heating: Natural Gas, Forced Air WaterSource: Public
-
Building Information
Year Built: 1880
-
Lot Information
Lot Dimensions: 45X118 Lot Size: Less Than .25 AcreProperty Information
Property Type: Residential Income Sub Type: Two to Four Units
-
Listing Price Information
Original List Price:$339900
-
Tax Information
Annual Tax: $4468 Tax Year: 2024 Parcel Number: 0624179013
-
Parking Information
Total Parking: 8 Yes, Owned
-
Utility Information
Sewer: Public Sewer Water Source: Public -
Location Information
City: Elgin Direction: RAYMOND S TO HASTINGS W TO WELLINGTON
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 870 Lavoie Avenue, Elgin, IL, 60120 | $220,000 | 2 | 1 | 973 | 973 SqFt |
| 650 Waverly Drive #B, Elgin, IL, 60120 | $225,000 | 1 | 1 | 1,083 | 1,083 SqFt |
| 142 Dawson Drive, Elgin, IL, 60120 | $315,000 | 2 | 3 | 1,875 | 1,875 SqFt |
| 1105 Morton Avenue, Elgin, IL, 60120 | $435,000 | 4 | 3 | -- | |
| 1115 Hunt Wyck Court #1.., Elgin, IL, 60120 | $310,000 | 3 | 2 | 1,700 | 1,700 SqFt |
| 132 Dawson Drive, Elgin, IL, 60120 | $339,900 | 2 | 3 | 1,975 | 1,975 SqFt |
| 1103 Kenneth Circle, Elgin, IL, 60120 | $209,000 | 2 | 1 | 1,070 | 1,070 SqFt |
| 727 Shady Oaks Court #727, Elgin, IL, 60120 | $250,000 | 2 | 2 | 1,170 | 1,170 SqFt |
| 265 Slade Avenue, Elgin, IL, 60120 | $399,500 | 4 | 2 | 2,100 | 2,100 SqFt |
| 930 Ripple Brook Lane, Elgin, IL, 60120 | $520,000 | 4 | 4 | 2,490 | 2,490 SqFt |
Similar Homes To 649 Wellington Avenue
Nearby For Sale
Disclaimer: The information being provided courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Midwest Real Estate Data LLC (MRED). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of Midwest Real Estate Data LLC (MRED). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
Based on information submitted to the MLS GRID as of 07/21/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.
Click here for Consumer use of IDX Listings Disclaimer
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
ByOwner last updated this listing 07/21/2026 @ 06:20
More Cities with for Sale by Owner Homes
- Elgin Homes For Sale By Owner
- Carol Stream Homes For Sale By Owner
- South Elgin Homes For Sale By Owner
- SLEEPY HOLLOW Homes For Sale By Owner
- WEST DUNDEE Homes For Sale By Owner
- EAST DUNDEE Homes For Sale By Owner
- Dundee Homes For Sale By Owner
- Gilberts Homes For Sale By Owner
- Streamwood Homes For Sale By Owner
- Carpentersville Homes For Sale By Owner
- Wayne Homes For Sale By Owner
- PINGREE GROVE Homes For Sale By Owner
- SOUTH BARRINGTON Homes For Sale By Owner
- Hanover Park Homes For Sale By Owner
- Bartlett Homes For Sale By Owner
- Saint Charles Homes For Sale By Owner
- Hoffman Estates Homes For Sale By Owner
- Lake in the Hills Homes For Sale By Owner
- Algonquin Homes For Sale By Owner
- Schaumburg Homes For Sale By Owner
Homes around $339,900
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.